Vegas is betting on Former President Donald Trump announcing his 2024 election bid during his highly-anticipated speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, on Sunday, according to Fortune.
The former president will be making his first public appearance since leaving the White House last month.
He is expected to use the speech to talk about the future of the Republican Party and the conservative moment and criticize President Joe Biden’s efforts to undo his immigration policies, Reuters reported last week.
But the big question remains whether Trump will use his time on stage to announce his run for president in the 2024 election.
As of Friday morning, those odds were 4 to 5, according to betting aggregators US-Bookies.com. This suggests that 55.6% implied the probability that Trump would put his name on the list.
“The betting markets seem confident that Trump will declare his candidacy during his speech, but not so much that he’ll be doing so as a member of a party that isn’t the GOP,” said a US-Bookies spokesperson according to Fortune. “The odds of Trump running in 2024 and not representing the Republican party are 4 to 1, which equates to just a 20% chance.”
More than a dozen CPAC attendees interviewed by the Wall Street Journal have already said they would back Trump if he were to run again in 2024.
A Politico-Morning Consult poll published three days after Trump’s acquittal in his second impeachment trial found that 54% of Republican voters would back Trump in the primary.